Conservatorship means assets becoming public records because of the court process it goes through, and it is difficult to avoid the process when one has become mentally incapacitated. As a result, it takes thorough planning while still mentally competent in order to avoid the complicated process and expenses of conservatorship. There are several ways to avoid that having your asset placed by a court according to About.com. If you title your assets jointly with someone else, the other person automatically have the authorization to access and manage bank accounts, investments, and more. Another way to go about this is the power of attorney, either a general power of attorney, one through an advanced medical directive from your primary doctor, or one through financial institutions. Lastly, one of the more efficient way is through a revocable living trust. It is always important to make sure that there are specific provisions for when and if the person becomes mentally incapacitated, and that always take the time to fund the trust because anything outside the trust can be subjected to conservatorship.
With the financial side of an individual well taken care of to avoid conservatorship, the care of the incapacitated individual might still be in question. That’s where A-1 Home Care in Malibu comes in with our quality caregivers who specialize in the field of Alzheimer Care, Parkinson Care, Bipolar Care, Incontinence Care, After Surgery Care, Cancer Care, Post Stroke Care, Diabetic Care, and other In Home Care for Elderly. Not only do we serve the residence of Malibu, but we also operate in the cities of Santa Monica, Marina Del Rey, Palos Verdes, Redondo Beach, Hollywood, Culver City, and other cities around Los Angeles and Orange County. Contact us for service today, and soon you or your loved ones will be able to enjoy the dedicated and professional service from caregivers such as Letecia Evidente, Sabrina Fearence, and Noel Maninang.
Call us today at this number 310-657-8780 to speak with one of our representatives, or visit http://www.malibuinhomecare.com for more info. Follow us on Facebook too!